Home » Bed Bath & Beyond: Cohen sells entire stake, collapses in after hours

Bed Bath & Beyond: Cohen sells entire stake, collapses in after hours

by admin

Still in the spotlight is the meme stock Bed Bath & Beyond, which rose by about 360% in the last month on the wave of purchases by retail traders on Wall Street. However, news came yesterday that GameStop president Ryan Cohen is selling his entire stake in the company. Cohen’s venture capital firm RC Ventures holds an 11.8% stake in Bed Bath & Beyond and expects to sell that stake within the next 90 days. This move comes after RC Ventures announced earlier this week that it holds 9.45 million shares of Bed Bath & Beyond, including call options on 1.67 million shares.

See also  Resolution 21 of 07/10/2023 - Recognition of strategic infrastructure pursuant to article 2, paragraph 2 of Delegated Decree No. 23 of 31 January 2019 - renovation of the official Rolex dealership shop and redevelopment and renovation of the premises of the former restaurant ''La Taverna'', Historic Center of San Marino City

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